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...request from 122 business leaders that he declare a "two-year moratorium on destructive competition" (i. e. suspend the anti-trust laws) President Hoover turned a cold shoulder. He rejected the proposal on the ground that the prohibition against price-fixing was as important now as ever...

Author: /time Magazine | Title: THE PRESIDENCY: The White House Week | 2/22/1932 | See Source »

...public there was none. The public would not understand. Without question the most important case since the indictment of Alphonse ("Scarface Al") Capone, which the public understood very well, this involved the most complicated, jumbled, uncertain set of legal volumes in the U. S.: The Anti-Trust laws...

Author: /time Magazine | Title: Business & Finance: The U. S. Attacks | 2/22/1932 | See Source »

Last autumn Dr. Butler was again talking politics?tariff reduction, unemployment insurance, revision of the Anti-trust laws. Was the presidential bee buzzing once more? Last month the Columbia Spectator nominated Dr. Butler for the White House, advised both parties to select him as their joint leader so that he might head "the kind of government so fondly hoped for by the writers of the Constitution." But, older now, Dr. Butler has grown faintly supercilious toward public office and the politicians who fill them. The idea of his seeking the Presidency he brushes aside as altogether unworthy...

Author: /time Magazine | Title: Education: Morningside's Miracle | 2/15/1932 | See Source »

Died. Alfred S. Austrian, 61, Chicago lawyer; of a gastric ailment; in Chicago. Learned, eloquent, he had successfully represented Armour & Co. in defense of its acquisition of Morris & Co. which the U. S. Government contended was a violation of the Clayton Anti-trust Act. Among his other clients were Lumberman James Stanley Joyce (divorced by Peggy); the late William Wrigley Jr.'; Erlanger theatre interests; White Sox baseball club; the Chicago Tribune...

Author: /time Magazine | Title: Milestones, Feb. 8, 1932 | 2/8/1932 | See Source »

...real job it is. President-Elect Beaty was quick to dissociate himself from any thought of dictatorship. "I was elected just to do my best," said he, ". . . to keep the industry going smoothly down the middle of the road." Nevertheless observers guessed that, within the limits of the anti-trust laws, the Petroleum Institute under Amos Leonidas Beaty might become more like a "Swope Plan" trade association whose resolutions will be followed and followed...

Author: /time Magazine | Title: Business & Finance: Resolute Oil | 11/23/1931 | See Source »

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